Updated Dec 18, 2023
Beki Saljhi Acquires Multifamily Property On Riverside Dr. In Manhattan For $8.75M
610 Riverside Drive, New York City, New York 10031, United States
$8,750,000
$140/SF
Building Size
62,388 SF
Asset Type
MultiFamily
Closing
Sep 7, 2022
About this deal
AI
Located in Manhattan's Riverside Dr., a multifamily property at 610 Riverside Dr. has been sold in a recent transaction. The sale was facilitated by Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $8,750,000
- Square Footage: 62,345
- Price Per Square Foot: $140
- Market: Manhattan
The buyer of the property is Beki Saljhi, while the seller is Meir Bouskilla. Representing both parties in the deal, Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group played key roles in facilitating the transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93